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KWENTA
Price
$ 13.29
Kwenta is a decentralized derivatives trading platform, live on Optimism, offering real-world and on-chain synthetic assets using the power of the Synthetix protocol. Read More
Kwenta is a decentralized derivatives trading platform, live on Optimism, offering real-world and on-chain synthetic assets using the power of the Synthetix protocol. Kwenta is a decentralized Perpetual Futures exchange on Optimism layer 2 with:Leverage: support up to 10x leverageNear Instant Transactions: Having deployed Futures on the Optimism rollup, traders on Kwenta enjoy fast transactions and reduced network feesLiquidity: Achieving the same level of liquidity as centralized exchanges by using pooled liquidity made available by SynthetixAssets: Starting with crypto and expanding to forex, commodities, and other exotic assetsComposability: Part of the infamous DeFi money legos.Kwenta token (KWENTA) will be used to incentivize coordination and growth within the Kwenta DAO. It will have two primary functions: (a) Staking and (b) Governance.